LENSAR terminates merger with Alcon; retains $10M deposit; FTC intended to challenge deal

LENSAR, Inc.

Merger agreement terminated effective March 16, 2026; FTC intended to seek injunction.
LENSAR retains $10.0M deposit from Alcon under the Termination Agreement.
Parties agreed termination is mutual; regulatory approval unlikely by extended outside date of July 23, 2026.
Company to report Q4 and full-year 2025 financial results with strategic update on March 31, 2026.
LENSAR reaffirms focus on ALLY Robotic Cataract Laser System and market expansion.

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